Political Party Debts

[jambutty]

If the Labour Party has debts of £27m and the Tories debts of £18m can we trust such debt-ridden parties to run the country?

[chav1]

Originally Posted by jambutty

If the Labour Party has debts of £27m and the Tories debts of £18m can we trust such debt-ridden parties to run the country?

the tories proabably owe teh money to prostitues and labours debt is probably gordon browns account at hollands pies

[morgan_brotherz]

Originally Posted by jambutty

If the Labour Party has debts of £27m and the Tories debts of £18m can we trust such debt-ridden parties to run the country?

Yes. .

[andrewb]

Originally Posted by jambutty

If the Labour Party has debts of £27m and the Tories debts of £18m can we trust such debt-ridden parties to run the country?

In short, yes.

In long, most if not all of that was spent last year because it was an election year, these only happen every 4-5years usualy, so theres no problem with them gaining it back.

[chav1]

Originally Posted by Cyfr

In long, most if not all of that was spent last year because it was an election year, these only happen every 4-5years usualy, so theres no problem with them gaining it back.

from the tax payer ?

[bullseyebarb]

All political parties bear scrutiny.....and plenty of it.

[andrewb]

Originally Posted by chav1

from the tax payer ?

No from the party members.

[SPUGGIE J]

Party members must have deep pockets or are the political parties still hoping for a generous donation or 6 from a few rich bods?

[andrewb]

At £15 membership of the Conservative party, and with over 300k members, I work that out to be £4.5mill a year from the very basic cost of membership. Not to mention all the donations that must be given etc.

[SPUGGIE J]

The Tories had better start a recruitment campaign par excellance then to clear the debts. Labour will just do the usual.

[cashman]

Originally Posted by Cyfr

At £15 membership of the Conservative party, and with over 300k members, I work that out to be £4.5mill a year from the very basic cost of membership. Not to mention all the donations that must be given etc.

please explain MUST be given.

[g jones]

"The Conservative and Labour parties will be criticised by the Electoral Commission next week for breaking the law by failing to disclose hundreds of thousands of pounds of donations from supporters.

Next week’s figures will contain a “significant” number of late donations after the commission found considerable discrepancies between recently published constituency party accounts and disclosures made to them last year.

The discrepancies were revealed after a formal complaint was made to Sam Younger, the commission chairman, by Brian Jenkins, Labour MP for Tamworth, against seven Tory constituency associations for failing to report support received from multi-millionaire Lord Ashcroft.

Some £72,000 worth of donations had gone unreported from Clwyd West, Calder Valley, Brighton Kemptown, Monmouth, Shipley, Tamworth, and Wellingborough. Nearly all were sent to the associations from a company, Bearwood Corporate Services Ltd, used by Lord Ashcroft to fund favoured Tory candidates standing in the previous election."

[andrewb]

Originally Posted by cashman

please explain MUST be given.

I'm saying that its highly likely that people donate. I'm not saying everyone MUST donate, im saying there must be many people donating...

[SPUGGIE J]

Am I getting this straight here; Joe and Jesse Jones pop a fiver in a party collection tin at a fund raiser and must leave their name and adresses? How on earth can you report a donation thats done in passing the same as one would do for charity.

[g jones]

Originally Posted by SPUGGIE J

Am I getting this straight here; Joe and Jesse Jones pop a fiver in a party collection tin at a fund raiser and must leave their name and adresses? How on earth can you report a donation thats done in passing the same as one would do for charity.

Isn't all donations over a £1000 that have to be registered?